720 Kearsarge Rd, Conway, 03860

NEWCommercial - Commercial/Industrial For Sale in North Conway

$1,195,000

Beds
Baths
Sqft
.61Acres
1773Built
7DOM
MLS® #: 4751314
Active, 7 Days on Market

Here is an opportunity to live a dream that many have, and few realize! Own and operate this magnificent North Conway New Hampshire residential housing complex with 17 unit, plus owners’ quarters. North Conway NH has a strong 4 season labor force, and there is a shortage of quality housing in this region! The current owners have recently undergone an extensive and very expensive renovation project. They have rebuilt, starting from the foundation, the exterior front porch; a new roof was installed in 2015; several areas of the building were gutted and rebuilt; many electrical, plumbing and heating improvements and upgrades were completed; many areas were painted and new flooring installed, just to mention a few improvements! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex and built a thriving residential housing business with full-time leased tenants! Realize your dream of living and working in the White Mountains of NH. This turnkey operation has a full-time, live-in property / maintenance manager so you can play in the mountains! The property could also be easily converted back to an Inn/Bed and Breakfast; or operate a hybrid. Owner has solid financials which are available on request to a qualified buyer.

Antonella Bliss, Coldwell Banker Wright Realty.

Essential Information

MLS® #: 4751314
Price: $1,195,000
Bathrooms: 0.00
Acres: 0.61
Year Built: 1773
Type: Commercial
Sub-Type: Commercial/Industrial
Status: Active

Community Information

Address: 720 Kearsarge Rd
Area: Conway
Subdivision: North Conway
City: Conway
County: Carroll
State: New Hampshire
Zip Code: 03860

Amenities

Features: Fire System, Smoke/Heat Detectors, Furniture Included
Parking Spaces: 11
Parking: Parking Spaces 11 - 20

Interior

Heating: Steam

Exterior

Exterior: Wood
Lot Description: Level, Country Setting

Additional Information

Date Listed: May 11th, 2019
Days on Market: 7
Zoning: Residential

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Listing information last updated on May 19th, 2019 at 6:36pm EDT.